Colorado Statutes
§ 10-11-111 — Reserve for unpaid losses and loss expense
Colorado § 10-11-111
This text of Colorado § 10-11-111 (Reserve for unpaid losses and loss expense) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 10-11-111 (2026).
Text
(1)Each title
insurance company, in addition to other reserves, shall at all times establish and
maintain reserves against unpaid losses, and against loss expense, and shall
calculate such reserves by making a careful estimate in each case of the loss and
loss expense likely to be incurred by reason of every claim presented, pursuant to
notice from or on behalf of the policyholder, of a title defect in or lien or adverse
claim against the title insured that may result in a loss or cause expense to be
incurred for the proper disposition of the claim. The sums of the items so estimated
shall be the total amounts of the reserves against unpaid losses and loss expenses
of such title insurance company.
(2)The amounts so estimated may be revised from time to time as
circumstances wa
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Legislative History
Source: L. 69: p. 524, � 1. C.R.S. 1963: � 72-26-11.
Nearby Sections
15
§ 10-1-101
Legislative declaration§ 10-1-102
Definitions§ 10-1-105
Actuary§ 10-1-107
Personal fees prohibited§ 10-1-109
Rules of commissioner§ 10-1-111
Invoking aid of courts§ 10-1-113
No seal required on policies§ 10-1-114
Sale of premium notes prohibited§ 10-1-115
Penalty§ 10-1-116
Defamation of other companies - penalty§ 10-1-117
Company unauthorized in other statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-11-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-11-111.